Federal BankRuPay Network

Verified

Direct Bank Application via Official Issuer Portal

Rewards Shopping Airport Lounge Entry Level Entertainment

4.0/5 Editorial Score

Federal Bank Rupay Signet Credit Card

Everyday Lifestyle & UPI Rewards Credit Card with BOGO Movie Perks

Best Suited For

Young shoppers, movie lovers, and Federal Bank customers seeking a balanced lifestyle card with UPI QR merchant payment capabilities.

Rewards Shopping Airport Lounge Entry Level

Joining Fee

₹750

One-time upfront

Annual Fee

₹750

Lifetime Free — no renewal fee

Base Rewards

Federal Rewards

On eligible spends

Airport Lounge

1 Domestic visits/quarter · ₹20k quarterly spend required

Complimentary visits

Apply Now Compare Card Official Terms

See where this card gets lounge access

Last verified 2 Oct 2026

Why Consider This Card?

Objective editorial assessment, ideal spender profile, and primary trade-offs

Editorial Verdict

4.0/5 Editorial Score

The Federal Bank RuPay Signet Credit Card serves as Federal Bank's premier entry-tier lifestyle offering enabled on the NPCI RuPay payment network. Priced at ₹750 plus GST (and frequently offered Lifetime Free or with zero joining fees for pre-approved Federal Bank savings account holders), it delivers a multi-dimensional reward suite that bridges offline lifestyle spends with digital UPI transactions. Cardholders earn 3X reward points on electronics and apparel shopping, 2X reward points on entertainment and dining, and 1X reward points on all other retail categories (where 1X = 1 Reward Point per ₹100 spent). When paired with UPI apps such as Google Pay or PhonePe, cardholders can pay at local retail merchants directly from their credit card balance while earning reward points. Entertainment benefits include a Buy One Get One Free (BOGO) movie ticket offer on INOX/BookMyShow once per calendar quarter (up to ₹100 discount). The card also provides 1 complimentary domestic airport lounge access per calendar quarter subject to spending ₹20,000 in the previous quarter. With an annual renewal waiver milestone set at ₹75,000 yearly retail spend, the RuPay Signet card is an attractive daily driver for customers seeking cinema savings, quarterly airport lounge visits, and UPI QR flexibility under a single card.

Ideal For:Young shoppers, movie lovers, and Federal Bank customers seeking a balanced lifestyle card with UPI QR merchant payment capabilities.

Rewards Shopping Airport Lounge

Card Strengths

3X reward points on apparel and electronics; 2X points on entertainment and dining
Seamless RuPay UPI QR payment integration across PhonePe, Google Pay, and Paytm
Buy One Get One Free movie ticket once every quarter via INOX / BookMyShow
1 complimentary domestic airport lounge visit per quarter on achieving ₹20,000 quarterly spend
Achievable annual fee waiver threshold of ₹75,000 spend per year

Things to Keep in Mind

BOGO movie discount is capped at ₹100 per quarter
Quarterly airport lounge access requires meeting a ₹20,000 prior quarter spend requirement
Base reward earn rate on general spends is modest at 1 point per ₹100 (0.25% valueback)
Standard 3.50% forex markup applies on international currency payments

Additional Cardholder Privileges

Rewards

Federal Rewards

Cashback

- No merchant refund/cashback/credit due to transactions converted to EMI / cancelled transactions / reversals / promotional cashback will be considered as a payment towards the outstanding of the card.

Fuel

Fuel surcharge waiver

- Fuel surcharge and applicable taxes (including GST) if any, are levied by the fuel merchant/acquiring bank.

Rewards & Cashback Structure

Base earning rates, partner merchant acceleration, redemption options, and exclusions

Reward Program Name: Federal Reward Points
Reward Currency: Federal Reward Points
Base Earn Rate: Federal Rewards
Point Value (INR): ₹0.2500 per point
Redemption Channels: Refer to bank rewards portal
Reward Point Expiry: Refer to bank rewards program terms

Category Accelerated Earn RatesPublished Terms

Spend Category	Earn Rate	Reward Cap	Conditions
Electronics & Apparel Spends	3X Reward Points on electronics and apparel (3 RP per ₹100 spent; 0.75% value; 1 RP = ₹0.25)	No Cap	Standard terms apply
Entertainment Spends	2X Reward Points on movies and entertainment (2 RP per ₹100 spent; 0.50% value)	No Cap	Standard terms apply
Other Spends	1 Reward Point per ₹100 spent on other purchases (0.25% value)	No Cap	Standard terms apply

Featured Merchant HubsAll Merchants

Swiggy Hub Federal Rewards Hub INOX Hub

Estimate Your Custom Monthly Rewards

Calculate estimated net cashback and points across your actual spending pattern.

Open Rewards Calculator

Reward Exclusions: Fuel transactions, wallet loading, cash withdrawals, rent payments, educational payments, and government services are generally excluded from base and accelerated reward point accrual across all Indian card issuers.

Reward Calculator

Estimate Your Annual Rewards

Estimate your rewards using the card's current reward rates, monthly caps and applicable fee-waiver rules.

Verified Rates & Caps

Quick Select:

Total Monthly Spend:₹30,000 / month

₹5,000 / mo₹1 lakh / mo₹2 lakh / mo

Category Spend Allocation

Customize monthly spend in each category. Category amounts sum directly to your monthly spend.

Assumed spend distribution

Electronics & Apparel Spends0.75%

No published cap

₹

Entertainment Spends0.50%

No published cap

₹

Other Spends0.25%

No published cap

₹

Excluded / Non-Reward Spends0%

Fuel, rent, wallet, govt, cash

₹

Category / Reward Bucket	Monthly Spend	Rate	Effective Rate	Cap Period	Eligible Reward	Cap Status
Electronics & Apparel Spends	₹6,000	3X Reward Points on electronics and apparel (3 RP per ₹100 spent; 0.75% value; 1 RP = ₹0.25)	—	None	Calculating...	Under cap
Entertainment Spends	₹6,000	2X Reward Points on movies and entertainment (2 RP per ₹100 spent; 0.50% value)	—	None	Calculating...	Under cap
Other Spends	₹18,000	1 Reward Point per ₹100 spent on other purchases (0.25% value)	—	None	Calculating...	Under cap
Total Monthly Cashback	₹30,000	-	—	-	₹0 / mo	Zero cap loss

Annual Spends

₹3.6 lakh

12 billing cycles

Annual Capped Rewards

₹0

0% blended return

Effective Fee

-₹750

Standard renewal

Net Annual Value

+₹0 / yr

Rewards - Fee

*Calculation based on verified card reward rates, applicable monthly caps, and fee-waiver thresholds - ₹750 annual fee.

Multi-card comparator

Airport Lounge Access

Domestic and international lounge privileges, spend hurdles, and participating terminals

Domestic Lounge Access

Airports within India

Included

Complimentary Visits: 1 complimentary visit per quarter
Spend Requirement: ₹20,000 per Previous Calendar Quarter

1 complimentary domestic airport lounge visit per half year (2 per year), subject to quarterly spend criteria

International Lounge Access

Global airports outside India

None

Complimentary Visits: Not available
Spend Requirement: Unavailable
Access Type: International Lounge Program

Planning an upcoming departure?

Verify this card against live departure gates and specific terminal lounges across India.

Check airport coverage →

Where can I use this card for airport lounge access?

This card includes complimentary admission across verified Indian airport terminals. Check individual terminal lounges and spend criteria before you travel.

See where this card gets lounge access

Airport Lounge Checker

Domestic Allowance1 Domestic visits/quarter · ₹20k quarterly spend required

Airport Coverage40+ Major Indian Airports

Lounge DirectoryView All Lounge Coverage

Representative Major Airport Lounges:

Delhi (DEL)Mumbai (BOM)Bengaluru (BLR)Hyderabad (HYD)Chennai (MAA)Kolkata (CCU)All 40+ Airports →

Fees & Charges

Complete breakdown of joining, renewal, forex, financing APR, and transaction charges

1. Card Membership Fees

Joining Fee (1st Year): ₹750
Annual / Renewal Fee (2nd Year Onwards): ₹750
Annual Spend Fee Waiver: Lifetime Free — no renewal fee
Fee Terms Notes: RuPay Platinum credit card with UPI linking; lifetime free for eligible customers; 2 domestic airport lounges

2. International Spends

Foreign Currency Markup (Forex): 3.50% + GST
Dynamic Currency Conversion (DCC): Standard 1% mark-up on cross-currency INR transactions where applicable

3. Borrowing & Financing

Monthly Interest Rate (Finance Charges): Refer to official schedule of charges
Annualized Interest Rate (APR): Refer to official schedule of charges
Cash Advance / ATM Withdrawal Fee: Refer to official schedule of charges
Interest-Free Period: Up to 50 Days

4. Other Charges & Taxes

Late Payment Charges: Late Payment Charges
Fuel Surcharge Waiver: Fuel surcharge and applicable taxes (including GST) if any, are levied by the fuel merchant/acquiring bank.

Regulatory Tax Notice: Goods and Services Tax (GST) of 18% is applicable on all card fees, interest charges, and milestone fees as mandated by the Government of India.

Verified Terms & Exclusions Summary

• Joining Fee: ₹750 + GST (often LTF for select customers); Annual Renewal Fee: ₹750 + GST. • Annual Fee Waiver: Spend ₹75,000 or more in the previous year to waive the ₹750 renewal fee. • Rewards Structure: 3X points on electronics and apparel; 2X points on entertainment; 1X point per ₹100 on other retail and UPI merchant spends. • Point Valuation: 1 Reward Point = ₹0.25 for statement credit or partner catalog vouchers. • Movies: Buy One Get One Free movie ticket via INOX/BookMyShow once per quarter (maximum ₹100 discount). • Airport Lounge: 1 complimentary domestic airport lounge visit per quarter on spending ₹20,000 in the preceding quarter. • Fuel Surcharge: 1% fuel surcharge waiver for transactions between ₹400 and ₹4,000 (up to ₹150 per cycle).

Is the Annual Fee Worth It?

Evaluate whether this card's perks and waiver threshold justify its ₹750 renewal fee.

Calculate Fee ROI

Eligibility & Application Requirements

Income criteria, minimum age, CIBIL score benchmark, and verification checklist

Age Requirement: Not specified
Employment Status: Not specified
Recommended Credit Score (CIBIL): Not specified
Residency: Indian resident or NRI
Special Eligibility Notes: - Quarterly Spend-Based Eligibility: - Additional provisions applicable to Non-Resident (NR) Customers: For Non-Resident (NR) customers, registration and maintenance of an Auto Debit mandate through a designated NRE or NRO account with the Bank shall be mandatory for servicing the Credit Card account. - NRI Documents required: - PAN - Aadhaar

Mandatory Verification Documents

1. Identity ProofPAN Card (Mandatory), Aadhaar Card, Passport, or Voter ID.

2. Address ProofAadhaar (DigiLocker), Utility Bill (Electricity/Piped Gas), or Rental Agreement.

3. Income ProofLatest 3 months salary slips, Form 16, or latest 2 years ITR computation.

Frequently Asked Questions

Common questions regarding Federal Bank Rupay Signet Credit Card application, fees, reward redemption, and eligibility

Can I link the Federal Bank RuPay Signet Card to UPI apps?

Yes. As a RuPay credit card, you can link it directly to Google Pay, PhonePe, Paytm, or BHIM to pay at any merchant displaying a UPI QR code.

What is the movie ticket benefit on the Federal Bank Signet card?

You receive a Buy One Get One Free movie ticket offer on INOX or BookMyShow once per calendar quarter, with a maximum discount of ₹100 per transaction.

What is the spend requirement for complimentary airport lounge access?

You can enjoy 1 complimentary domestic airport lounge visit per calendar quarter, provided you spend a minimum of ₹20,000 in the preceding calendar quarter.

How can the annual renewal fee of ₹750 be waived?

The ₹750 annual renewal fee is completely waived if your total retail spending reaches ₹75,000 or more in the preceding anniversary year.

What is the joining and annual renewal fee for Federal Bank Rupay Signet Credit Card?

The joining fee for Federal Bank Rupay Signet Credit Card is ₹750 (one-time), and the annual renewal fee is ₹750 from the second year onwards. GST of 18% is applicable on all fee charges.

Can the annual fee on Federal Bank Rupay Signet Credit Card be waived?

Federal Bank Rupay Signet Credit Card is a Lifetime Free credit card with no annual renewal fee, so no spend-based waiver is required.

What are the primary rewards and cashback earn rates on Federal Bank Rupay Signet Credit Card?

Federal Bank Rupay Signet Credit Card offers Federal Rewards. Cardholders also enjoy accelerated reward rates on partner merchants and selected digital spend categories.

Does Federal Bank Rupay Signet Credit Card offer complimentary airport lounge access?

Yes, Federal Bank Rupay Signet Credit Card provides 1 Domestic visits/quarter · ₹20k quarterly spend required.